Oil prices have stabilised around $75pb following the OPEC+ deal earlier thismonth to taper production cuts starting in August. The improved...

Progress in passing the Petroleum Industry Bill (PIB) and official adoption of the Nafex rate are two significant policy steps in the rights...

OPEC+ countries could agree an oil output increase of 2m b/d between August and December against the backdrop of rising oil prices. But while...

The April PMIs for both Saudi Arabia and the UAE remained in expansionaryterritory, at 55.2 and 52.7 respectively. Continued recovery from the...

In line with trends seen across the GCC, the twin shock of the coronaviruspandemic and low oil prices has put extra pressure on an already strained

The rise in the oil price closer to budget breakeven levels across the GulfCooperation Council (GCC) countries alleviates pressure on their public...

Spain is both less energy efficient – it requires more energy to produce one unit of output – and more reliant on oil than its European peers....

Commodity prices have rallied on the anticipation of a brighter 2021. Global economic growth looks set to return, some markets are in deficit...